Shopping Center REIT Wheeler Improving Capital Structure, CEO Says

Jon Wheeler, chairman and CEO of Wheeler Real Estate Investment Trust, Inc. (NASDAQ: WHLR), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

Wheeler commented that acquisitions were a driving force behind the company’s third quarter performance. Other contributing factors included a reduction in general and administrative expenses and increased streamlining of operations.

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Shopping Center REIT Wheeler Generating Growth from Acquisitions

Jon Wheeler, chairman and CEO of Wheeler Real Estate Investment Trust, Inc. (NASDAQ: WHLR), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.

Wheeler noted that Nov. 19, 2015, marked the third-year anniversary of the company becoming a publicly traded REIT. “Since then we’ve grown exceptionally well,” he said.

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Wheeler REIT Buying Shopping Centers at Fast Pace

Jon Wheeler, chairman and CEO of Wheeler Real Estate Investment Trust Inc. (NASDAQ: WHLR), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Wheeler said he expects the company’s pace of acquisitions to pick up in the second half of 2015. He noted that the firm raised investment capital in the first half of the year. Usually, the firm purchases between eight and 10 shopping centers per year. This year, the company could buy as many as 20, according to Wheeler.

Jon Wheeler

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